🟢 SEMI.AX is trading 4.5% up today after Micron’s earnings beat and strong AI memory guidance

SEMI.AX is trading at $46.99 (+4.45%) as semiconductor stocks rally following Micron’s stronger-than-expected earnings and upbeat AI memory guidance.

• The move reflects a broader chip-sector rebound, with investors rotating back into the complex after recent concerns over valuations and AI-related capital expenditure.
• The ETF is benefiting from sector-wide strength and improved sentiment surrounding global AI infrastructure spending, rather than the performance of a single constituent.